This detailed report on Renewable Chemicals Market put offers a succinct study on regional forecast, industry size, revenue estimations related to the industry. The report further emphasizes primary challenges and growth trends adopted by leading manufacturers of the dynamic competitive spectrum of the Renewable Chemicals Market.
US Renewable Chemicals Market to reach USD 146.8 billion by 2025.
US Renewable Chemicals Market valued approximately USD 61.5 billion in 2017 is anticipated to grow with a healthy growth rate of more than 11.5% over the forecast period 2018-2025. Renewable chemicals are enhancing the deployment of renewable sources of energy due to rising environmental concerns. Rising environmental awareness among people is raising the adoption of bio-based products produced from renewable feedstock such as biomass, agricultural raw materials and microorganisms.
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Cost-effectiveness and easy availability of feedstock required for producing renewable chemicals and government initiatives to promote sustainable forms of energy resources are the key drivers of renewable chemicals market. Further, chemicals can be easily converted into the products and the conversion is efficient in improving the production capacity that offers lucrative opportunities to the marketers. However, fluctuating prices of crude oil across the world is expected to hinder the market growth during the forecast period.
On the basis of segmentation, the Renewable Chemicals market is segmented into product type and application. The product type segment is classified into bio-based chemicals, platform chemicals and biopolymers. The application segment is classified into agriculture, fertilizers, environment, industrial, textiles, housing, food-packaging and beverage bottling, recreation, transportation, health and hygiene and bio-medicals. The product type segment is anticipated to dominate the Renewable Chemicals market considering the forthcoming years and the US scenario.
The regional analysis of US Renewable Chemicals Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the fastest growing region across the world in terms of market share. Whereas, owing to the countries such as China, Japan, and India, Asia Pacific region is anticipated to be the dominating region over the forecast period 2018-2025.
The leading market players mainly include-
Biome Technologies PLC
Mitsubishi Chemical Corp.
Cobalt Technologies Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
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The detailed segments and sub-segment of the market are explained below:
By Product Type:
Food-Packaging and Beverage Bottling
Health and Hygiene
Rest of the World
Target Audience of the US Renewable Chemicals Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers
Table of Contents
Chapter 1.US Renewable Chemicals Market Definition and Scope
1.3.Scope of The Study
1.4.Years Considered for The Study
1.5.Currency Conversion Rates
Chapter 2.Research Methodology
Chapter 3.Executive Summary
3.1.US & Segmental Market Estimates & Forecasts, 2015-2025 (USD Billion)
Chapter 4.US Renewable Chemicals Market Dynamics
4.2.1.Porter’s 5 Force Model
4.2.3.Value Chain Analysis
4.3.Analyst Recommendation & Conclusion
Chapter 5.US Renewable Chemicals Market, By Product Type
5.2.Market Performance – Potential Model
5.3.US Renewable Chemicals Market, Sub Segment Analysis
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